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Final week, Mountain View’s Metropolis Council placed a enterprise tax on the November ballot that might disproportionately affect one main employer, Google. If voters approve it, the tech large pays an estimated $three.3 million per year, greater than half the $5.9 million in annual revenue Mountain View expects from the tax. Some see it as a landmark regulation that may shake up the nation’s debate over privateness and information. However others have dismissed it as watered-down and would have preferred a ballot measure withÂ even tougher restrictions on knowledge assortment.
Prop. 13, the landmark 1978 ballot measure, limits city and county property taxes will increase to 2 p.c a year. In the past, cities have pushed for development of shops to seize extra gross sales taxes, Rothstein stated. However cutbacks and bankruptcies in the retail sector because of on-line purchasing have made that an uncertain income, and places like Mountain View is probably not suitable for large retail, he mentioned.
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